Quantbot Technologies LP Acquires 7,492 Shares of Enphase Energy, Inc. $ENPH

Key Points

• Quantbot Technologies LP has increased its stake in Enphase Energy, acquiring an additional 7,492 shares, bringing its total holdings to 52,102 shares valued at approximately $3.23 million.
• A significant percentage of Enphase Energy's stock, 72.12%, is now controlled by institutional investors, reflecting heightened interest from the financial sector.
• Current analyst sentiment is mixed, with a consensus rating of "Reduce" and target prices varying significantly; recent changes include Oppenheimer lowering their target from $86.00 to $77.00.

Quantbot Technologies LP increased its holdings in shares of Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 16.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,102 shares of the semiconductor company's stock after acquiring an additional 7,492 shares during the quarter. Quantbot Technologies LP's holdings in Enphase Energy were worth $3,233,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ENPH. CX Institutional bought a new position in Enphase Energy during the first quarter worth about $29,000. First Horizon Advisors Inc. increased its position in Enphase Energy by 83.0% during the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 258 shares during the period. Brooklyn Investment Group increased its position in Enphase Energy by 124.7% during the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company's stock worth $41,000 after acquiring an additional 368 shares during the period. GeoWealth Management LLC increased its position in Enphase Energy by 56.3% during the fourth quarter. GeoWealth Management LLC now owns 891 shares of the semiconductor company's stock worth $61,000 after acquiring an additional 321 shares during the period. Finally, Harvest Fund Management Co. Ltd bought a new position in Enphase Energy during the first quarter worth about $73,000. 72.12% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ENPH shares. Oppenheimer decreased their target price on shares of Enphase Energy from $86.00 to $77.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. BNP Paribas lowered shares of Enphase Energy from an "outperform" rating to an "underperform" rating in a report on Tuesday, May 13th. Mizuho decreased their target price on shares of Enphase Energy from $53.00 to $50.00 and set an "outperform" rating on the stock in a report on Monday, July 14th. DZ Bank lowered shares of Enphase Energy from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 23rd. Finally, Wall Street Zen raised shares of Enphase Energy from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Ten research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and thirteen have issued a Sell rating to the company's stock. Based on data from MarketBeat, Enphase Energy presently has a consensus rating of "Reduce" and an average price target of $55.22.

Enphase Energy Trading Up 1.3%

Shares of Enphase Energy stock opened at $36.23 on Wednesday. The firm has a market capitalization of $4.74 billion, a PE ratio of 28.30 and a beta of 1.59. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 0.65. The firm's 50 day moving average is $37.79 and its 200 day moving average is $48.43. Enphase Energy, Inc. has a 1 year low of $29.89 and a 1 year high of $130.08.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.07. The company had revenue of $363.15 million for the quarter, compared to analyst estimates of $359.14 million. Enphase Energy had a net margin of 11.78% and a return on equity of 24.55%. The firm's revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 EPS. Enphase Energy has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Enphase Energy, Inc. will post 2.08 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were bought at an average cost of $30.82 per share, with a total value of $154,100.00. Following the acquisition, the chief executive officer owned 1,620,632 shares of the company's stock, valued at $49,947,878.24. This trade represents a 0.31% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 3.10% of the company's stock.

About Enphase Energy

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.

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